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<p>[QUOTE="lettow, post: 203654, member: 6986"]Vlad:</p><p><br /></p><p>How old is your catalog? The overprinted Mozambique notes were tough to find until hoards of them came onto the market in the mid 1990s. This underscores the importance of always having up-to-date references.</p><p><br /></p><p>Occasionally, collectors who paid good money for notes get burned when hoards surface. If you look at the entry for the British Armed Forces Special Vouchers in the older catalogs you will see prices in the hundreds of dollars. The British Ministry of Defence sold literally millions of notes in a single lot auction in the 1990s. The market tanked on these notes and they can now be found for a few dollars.</p><p><br /></p><p>Incidentally, Albert Pick is one of the most widely respected names in world paper money. He published the first catalog for world notes in the early 1970s. It was taken over by Krause Publications (now F+W) in the late 1970s. Although he is no longer involved in the Catalog, those of us who "grew up with it" over the last 30 years still refer to it as the Pick Catalog. You can usually identify those who have come to world paper money through world coins because they will refer to the Standard Catalog of World Paper Money as the Krause Catalog since that is what the Standard Catalog of World Coins also published by Krause is referred to.[/QUOTE]</p><p><br /></p>
[QUOTE="lettow, post: 203654, member: 6986"]Vlad: How old is your catalog? The overprinted Mozambique notes were tough to find until hoards of them came onto the market in the mid 1990s. This underscores the importance of always having up-to-date references. Occasionally, collectors who paid good money for notes get burned when hoards surface. If you look at the entry for the British Armed Forces Special Vouchers in the older catalogs you will see prices in the hundreds of dollars. The British Ministry of Defence sold literally millions of notes in a single lot auction in the 1990s. The market tanked on these notes and they can now be found for a few dollars. Incidentally, Albert Pick is one of the most widely respected names in world paper money. He published the first catalog for world notes in the early 1970s. It was taken over by Krause Publications (now F+W) in the late 1970s. Although he is no longer involved in the Catalog, those of us who "grew up with it" over the last 30 years still refer to it as the Pick Catalog. You can usually identify those who have come to world paper money through world coins because they will refer to the Standard Catalog of World Paper Money as the Krause Catalog since that is what the Standard Catalog of World Coins also published by Krause is referred to.[/QUOTE]
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